Compensation Plan Overview Sg - One Big Team Asia

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OVERVIEW COMPENSATION PLAN
SINGAPORE
WorldVentures Marketing Pty. Ltd.
Revised October 18, 2014
Effective October 18, 2014 – January 31, 2015
WORLDVENTURES COMPENSATION PLAN - extended overview
WorldVentures has designed our Compensation Plan to reward Independent Sales Representatives for (1) successfully selling WorldVentures travel products and (2) successfully building sales organizations by recruiting, training, and motivating others to do the
same.
ORGANIZATIONAL STRUCTURE
Lineage Organization
A Representative’s Lineage Organization comes from those whom the Representative personally recruited and whom they in turn personally recruited. A Representative’s Lineage Organization includes Representatives and Customers added through direct line of sponsorship. (See Fig. 1.)
Binary Organization
The Binary Organization is built on twos. Each Representative has a left side and a right side and may be
related to only one Representative on each side. It looks like the example in Fig. 2.
A Representative may have Representatives in his/her Binary Tree who are not in his/her Lineage because of “Spillover.” These Representatives are a part of his/her Binary Organization, but they are not a
part of his/her Lineage Organization. Customers who are NOT Representatives are listed separately and
are NOT displayed in the Binary organization.
PRODUCT PRICING & SALES CREDITS*
Fig.1
Right
Fig.2
Please refer to the Products and Commissions Chart in your back office for details of the Products, pricing, sales credits, commissions, and volume for each category of commission and bonus.
*Sales Credits may be adjusted based on actual purchase price paid by Customer.
COMMISSIONS & BONUSES - See Detailed Compensation Plan for full rules and limitations.
Sponsor One Customer: Direct Commissions
When a Representative enrolls eligible new Product Customers, he/she earns a Direct Commission.
Personal Sales Bonus
$100
Sponsor Three Customers: Personal Sales Bonus
When a Representative personally sponsors three (3) new Customers within a rolling 28 day period or
less, he/she will earn a Personal Sales Bonus in an amount dependent upon the membership level of the
new Customers. If a Representative achieves additional sets of three (3) new Customers during the same
rolling 28 day period, he/she will earn additional Personal Sales Bonuses at a higher rate. New Customers
count toward a Personal Sales Bonus for 28 days.
Sponsor Four Customers: Wings Program
A Representative earns his/her “wings” by sponsoring four new Customers. The Representative’s monthly
fees are waived as long as the Representative maintains four Active Customers.
Sponsor Five Customers: Wings & Wheels Bonus
Within a rolling 28
day period
A Representative who maintains five (5) Active Customers and generates at least $2999 in sales volume in
his/her lineage organization in a month will qualify to receive a Wings & Wheels Bonus of $300 per month. If he/she maintains six (6)
Active Customers and generates at least $4999 in sales in his/her lineage organization in a month, he/she will qualify for a bonus of
8% of his/her Lineage Sales Volume—up to $900 per month to put toward a car or other lifestyle enhancement! This can be accomplished by helping as few as four people qualify for their “wings.”
NOTE: See Detailed Compensation Plan for full Wings & Wheels Bonus Program details.
2
WORLDVENTURES COMPENSATION PLAN - extended overview
Weekly Bonuses
WorldVentures Representatives earn Weekly Bonuses based on the initial product sales
generated by their entire Binary Organization. The Representative accumulates sales credits based on the initial Product purchase each Customer makes.
Right
One “cycle” is generated for every three Sales Credits on the left side that match up with
three Sales Credits on the right side of the Representative’s Binary Organization. Each
Weekly Bonus cycle pays up to $100.
Every sixth Weekly Cycle pays $100 TravelDollars in lieu of the $100 Cycle Bonus.
x3
3 Credits
Left
3 Credits
Right
x3
$100
All new Representatives will earn double cycles for their first eight (8) full weekly pay periods
from the time of enrollment, up to a maximum of three (3) double cycles. This will result in
$200 Cycle Bonuses and awards of 200 TravelDollars. Additionally, regardless of enrollment date, in the event that a Representative
earns three (3) or more cycles in a single weekly pay period, up to three (3) Cycle Bonuses paid out that week will be doubled.
NOTE: Representatives who reach International Marketing Director rank will not receive Double Cycles.
Monthly Residual Commissions
WorldVentures Representatives at the Senior Representative or higher rank earn Monthly Residual Commissions based on the
monthly billing generated by their entire Binary Organization. The Representative accumulates Sales Credits based on the monthly
fees each Customer pays. One “cycle” is generated for every three (3) sales credits on the left side that match up with three sales
credits on the right side of the Representative’s Binary Organization. Each Monthly Bonus cycle pays up to $10*.
Right
3 Credits
Left
x3
3 Credits
Right
$10
x3
*Once a Senior Representative achieves the rank of Director, the value of each cycle increases to $15.
Director Bonus
When a new Representative achieves the Director rank within twelve (12) full weekly pay periods, he/she will earn $5,000. The Director Bonus is limited to $2500 for College/Young Professional Representatives.
DreamCar Bonus
When a Representative achieves the Regional Marketing Director level, WorldVentures pays them $1,000 monthly as a DreamCar
Bonus. This bonus increases to up to $1,500 monthly when he or she reaches International Marketing Director. The DreamCar Bonus
supersedes the Wings & Wheels Bonus.
DreamHome Bonus
WorldVentures pays Representatives who achieve the International Marketing Director level a DreamHome Bonus of up to $3,000
monthly.
TrainingDollars
TrainingDollars can be redeemed toward the price of many of WorldVentures’ training events.
TravelDollars
TravelDollars may be redeemed only through the Company and are designed to reward Representatives by covering some or
all of the costs of their travel experiences.
3
WORLDVENTURES COMPENSATION PLAN - extended overview
PROMOTIONAL LEVELS
Enrolled Rep (ER)
Requirements
Commissions & Bonuses
Entry-Level position;
Representative who has
enrolled, but is
not Active.
• Direct Commissions
• Personal Sales Bonus
Active Rep (AR)
Customer Requirement
Commissions & Bonuses
• Direct Commissions
• Personal Sales Bonus
Active RBS
ACTIVE STATUS REQUIREMENT
Representatives must be “Active” to be eligible to accumulate
sales credit or to earn specific commissions and bonuses. A Representative becomes/remains Active by paying his/her monthly
RBS fee.
Once the Representative becomes Active, he/she begins to accumulate sales credit toward earning commissions and bonuses.
For full
description and limitations, please see Detailed Compensation
Plan.
Qualified Rep (Q)
Customer Requirement
Lineage Requirement
NONE
Earnings Requirement
NONE
Four (4) Product Sales
to Customers
Commissions & Bonuses
• Direct Commissions
• Personal Sales Bonus
• Weekly Bonuses ($2,000 Weekly maximum)
• TravelDollars subject to the $2,000 maximum
combined value of Cycle Bonuses and TravelDollars
• Wings & Wheels Bonus
WAIVED MONTHLY FEES - See Detailed Compensation Plan for full rules and limitations.
Upon obtaining Qualified status, the Representative’s monthly Product fee(s), if applicable, as well as his/her RBS fee, will be
waived.
Senior Rep (SR)
Customer Requirement
x 30
Lineage Requirement
Earnings Requirement
Commissions & Bonuses
NONE
NONE
• Direct Commissions
• Personal Sales Bonus
• Weekly Bonuses ($2,000 Weekly maximum)
• Monthly Residual Commissions, $10/cycle
($500 Monthly maximum)
• TravelDollars subject to the $2,000 maximum
combined value of Cycle Bonuses and TravelDollars
• Wings & Wheels Bonus
Lineage Requirement
Earnings Requirement
Commissions & Bonuses
NONE
• Direct Commissions
• Personal Sales Bonus
• Weekly Bonuses ($2,000 Weekly maximum)
• Monthly Residual Commissions, $15/cycle
($2,000 Monthly maximum)
• TravelDollars, subject to the $2,000 maximum
combined value of Cycle Bonuses and TravelDollars
• Wings & Wheels Bonus
x 30
Director (DIR)
Customer Requirement
Right
NONE
x 90
x 90
WORLDVENTURES COMPENSATION PLAN - extended overview
Marketing Director (MD)
Attained Rank
Lineage Requirement
Director
Earnings Requirement Commissions & Bonuses
$6,750 cumulatively
in the preceding three
calendar months,
$2,250/month average
400 Active
Customers
• Direct Commissions
• Personal Sales Bonus
• Weekly Bonuses ($5,000 Weekly maximum)
• Monthly Residual Commissions, $15/cycle ($5,000
Monthly maximum)
• TravelDollars subject to the $5,000 maximum
combined value of Cycle Bonuses and TravelDollars
• Wings & Wheels Bonus
No more than two hundred
(200) counted from any one
line.
Regional Marketing Director (RMD)
Attained Rank
Lineage Requirement
Marketing
Director
Earnings Requirement Commissions & Bonuses
$15,750 cumulatively
in the preceding three
calendar months,
$5,250/month average
900 Active
Customers
• Direct Commissions
• Personal Sales Bonus
• Weekly Bonuses ($10,000 Weekly maximum)
• Monthly Residual Commissions, $15/cycle ($10,000
Monthly maximum)
• TravelDollars subject to the $10,000 maximum
combined value of Cycle Bonuses and TravelDollars
• $1,000 DreamCar Bonus Monthly maximum
No more than three
hundred (300) counted from
any one line.
National Marketing Director (NMD)
Attained Rank
Lineage Requirement
Regional
Marketing
Director
Earnings Requirement Commissions & Bonuses
$31,500 cumulatively
in the preceding three
calendar months,
$10,500/month
average
1,800 Active
Customers
• Direct Commissions
• Personal Sales Bonus
• Weekly Bonuses ($20,000 Weekly maximum)
• Monthly Residual Commissions, $15/cycle ($20,000
Monthly maximum)
• TravelDollars subject to the $20,000 maximum
combined value of Cycle Bonuses and TravelDollars
• $1,000 for DreamCar Bonus Monthly maximum
No more than six hundred
(600) counted from any one
line.
International Marketing Director (IMD)
Attained Rank
Lineage Requirement
National
Marketing
Director
Earnings Requirement Commissions & Bonuses
$56,250 cumulatively
in the preceding three
calendar months,
$18,750/month
average
3,000 Active
Customers
No more than one
thousand (1,000) counted
from any one line.
• Direct Commissions
• Personal Sales Bonus
• Weekly Bonuses ($25,000 Weekly maximum)
• Monthly Residual Commissions, $15/cycle ($50,000
Monthly maximum)
• TravelDollars subject to the $25,000 maximum
combined value of Cycle Bonuses and TravelDollars
• $1,500 DreamCar Bonus Monthly maximum
• $3,000 DreamHome Bonus Monthly maximum
WorldVentures Marketing Pte. Ltd. 158 Cecil Street, #11-01, Singapore 069545
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